Google News
spot_img

Automobile retail conclave on September 17

Must Read

A conclave on automobile retail will be held by industry chamber FICCI on September 17, 2008, at the Federation House in New Delhi. Titled ‘Vision 2016-Challenges for Auto Retail’, this is the second edition of the conference, the first of which was held in September last year. Indiaretailing.com is an online media partner for the event.

One of the key objectives of the conclave will be to align policies with the automotive mission plan 2016. There will be interactive sessions between the industry and policy makers. Other highlights include sessions on infrastructure, urban planning, rationalisation of taxes, labour laws, road safety and environment concerns.

According to the chamber, the conference will also focus on auto retail legislation, which it says requires urgent intervention from the policymakers. FICCI had set up an Auto Retail Task Force (ARTF) in 2005 to identify and address issues and concerns of the automobile retail sector.

Participants in the conclave will include automobile dealers, automobile manufacturers, used vehicle retailers, auto fuel retailers, auto ancillary and accessory companies, as also finance and insurance companies dealing with the csector.

According to the India Retail Report 2007, the total passenger car and two-wheeler domestic retail market stands at around Rs 74,000 crore, with the organised component estimated at approximately Rs 56,500 crore.

Latest News

Former HUL CEO Mehta teams up with PE fund L Catterton for India-focused JV

Mehta will serve as the executive chairman of India for the vehicle from 4 April onwardsMumbai: Former Hindustan Unilever...